Some smug CNBC hosts learned the hard way that it’s never—repeat never—a good idea to argue with Sen. Elizabeth Warren over financial regulatory issues, especially on legislation that she herself has proposed.

A look at the day’s political happenings, including what Texas Republicans say is the real reason Gov. Rick Perry won’t run for re-election next year and watch what happens when a woman bravely calls out Texas lawmakers over the state’s abominable anti-abortion measure.

Because this is one of the things he can do from the Oval Office, President Obama pulled what his Republican opponents will no doubt characterize as a fast one by forcibly installing Richard Cordray on Wednesday as his chosen leader of the recently configured Consumer Financial Protection Bureau while Congress was on recess.

Those dastardly Republicans have done it again. First they blocked President Obama’s original choice, the esteemed Elizabeth Warren, to head up the new Consumer Financial Protection Bureau, and now Senate Republicans have shot down another stellar candidate, Richard Cordray.